Chris Edwards

@DrPaulMueller @thedailyeconomy Nice. I look at Fed salaries and bureaucracy here cato.org/blog/federal-r…

We don't need 24,000 people (nearly a thousand of them economists) working for the Federal Reserve System. Here is my case for downsizing the Fed: thedailyeconomy.org/article/bigger… @thedailyeconomy

@cafreiman Also, FedEx and UPS are privatized, and they serve the public.

Grocery stores benefit everyone and they’re privatized.

@TheTradeBlazer @FoxBusiness Exactly!

@FoxBusiness we do not need deliveries every day. Maybe 3x a week. So your magazine arrives on Wednesday instead of Tuesday. Big deal.

STAMP OF DISAPPROVAL: The U.S. Postal Service is warning Congress it could run out of cash in less than a year without a massive financial overhaul. Postmaster General David Steiner is pushing for higher stamp prices and an end to six-day-a-week deliveries to keep the agency from total collapse. "The failure to do this could lead to the end of the Postal Service as we know it now."

@BigEAthens @FoxBusiness Exactly!

@FoxBusiness I don't get why people get so up-in-arms about 3-4 day a week delivery. Delivery six days a week is a financial loser and very inefficient. That's not the only efficiency problem the USPS has I'm sure, but it's one that is easy to identify and fix.

@DavidADitch They are hardly even providing a "financial service." They do the paperwork to pay out the subsidies. It's a very costly "overhead" for a subsidy program.

The heavy subsidization of crop insurance companies is one of the biggest scams going today. They aren't working the land or producing food, they simply provide a financial service. Do they need *billions of dollars* in handouts?

Federal Crop Insurance: Taxpayers will fund it $14.7b in 2026, with $9.6b going to wealthy farmers and $5.1b going to big insurance companies. 10% of the wealthiest farmers get 56% of the subsidies. It's an absurd program. cato.org/blog/federal-c…

Farm subsidy spending is soaring under Trump and the Republicans. Lawmakers who claim to be fiscally conservative are shoveling tens of billions of subsidy dollars to millionaire farm businesses and landowners. cato.org/blog/farm-subs…

@FreeTradeBryan correct

The idea that foreign capital inflows to the USA represent debt that "we owe" is 2/3 incorrect. And we would be in much worse shape w/out foreign purchases of government debt. The best response is less government borrowing. Not tariffs. Not taxes on foreign investment.

@lawyeroyer cato.org/blog/pardoning…

In just one year, Trump has used the pardon power to forgive over $1.5 billion in debts owed to crime victims and taxpayers. I have more details—and a comparison to Biden’s pardons—in this post. For the full accounting and receipts, visit my Substack: lawyeroyer.com. youtube.com/shorts/OoPCKOS…

@lawyeroyer cato.org/blog/pardoning…

I examine a dozen cases of Trump pardoning corrupt politicians and government officials--from Blagojevich to Santos. Springing such crooks from jail signals that public corruption is no big deal, and we will get more of it. cato.org/blog/pardoning…

@tomhfh How are all the food items and goods going to get to the cafes and shops? Let alone the police, utility crews, construction workers, movers, ambulances, trash collectors, and others with vehicles?

Britain should make a new deal with drivers. The centre of cities should be people-centric. Cars only as guests. And in return we need a hell of a lot more motorways *between* our cities. Glorious smooth maintained motorways. Deal?

@createstreets @keithjones84 english streets need more trees

What a melancholy comparison. It’s time, lavishly & liberally, to replant street trees, widen pavements, rip out ugly lights & reclaim streets from their highways officer overlords Dickens Street, Toxteth, 1911 vs 2023 via @keithjones84 who is worth a follow

@osbornforne Farm bankruptcies are lower than other industries like restaurants, which also feed us. Also, why dont farmers save during the good years? They're not helpless.

U.S. Farm Bankruptcies increased 46% in 2025. This is UNACCEPTABLE. Less than 2% of Americans feed the rest of us. We need to make sure our farmers are WHOLE and pass the reforms they've been calling out for. Right to repair. Reforming checkoff programs. Breaking up seed and fertilizer monopolies. Our farmers have to buy from monopolies then sell into monopolies. They get squeezed on both ends while corporations post record profits. We're losing family farms every single day. We don't have time to wait. agriculture.com/partners-u-s-f…

Fraud in welfare programs. My view on Fox News foxnews.com/opinion/federa…

@joshrauh yes

This is a blatant straw-man mischaracterization of Economics. From Nobelist Mirrlees (1971) who derived an optimal top marginal tax rate of zero to Saez (2002) who suggests much higher rates, public finance economists use Social Welfare Functions (SWFs): a formalization that goes back to Bergson in the 1930s but that has deep roots in Bentham’s 19th century utilitarian political economy. My personal view is that social welfare functions combined with diminishing marginal utility of consumption practically bake in tons of optimal redistribution without considering distortions. We can debate that. But please: the idea that public finance doesn’t handle the possibility that caviar for the rich might have less social benefit than bread for the poor is just arguing with a cartoon version of economics.

@RominaBoccia @CatoInstitute didn't know that!

I was today years old when I discovered the @CatoInstitute building making an appearance in the movie The American President (1995) — now streaming on Netflix.

@JohnHCochrane Cato version: "A Desire Named Streetcar: How Federal Subsidies Encourage Wasteful Local Transit Systems." cato.org/policy-analysi…

Best title winner

@SteveForbesCEO the homeless spending is like the high speed rail spending: billions gone, no results

Billions spent, homelessness worse, and now blatant fraud tied to politically connected firms. California’s problem is not compassion; it is zero accountability. Taxpayers get ripped off while leaders refuse to clean house. realclearpolitics.com/articles/2026/…

@marcjoffe Most important thing is that the vast majority of "wealth" is business investment, which supports jobs and incomes. Higher taxes=less wealth=lower incomes. Some wealth is yachts and gold bars, but most is business facilities, machinery, and other productive assets.

The wealth tax is not only driving away billionaires, but deterring billionaires and aspiring billionaires from moving to California. Unless the tax is defeated and future such taxes are constitutionally banned, California's growth trajectory will be permanently lowered.